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The glamorous Faena Hotel set the style benchmark for Buenos Aires when it opened in Puerto Madero in 2004. The lavish rooms, designed by Philippe Starck, verge on ostentatious, but guests are guaranteed the VIP treatment, whether at the hammam or by the pool. Drop by the nearby Faena Arts Center for contemporary works and installations, or book a table for the sexy, if pricey, Rojo Tango dinner show. The Library Lounge is a great spot to kick off an evening, accompanied by cocktails and live music; or for something more intimate, book a private meal in the romantic wine cellar.